VP, Merchandise Planning

VP Of Merchandise Planning

RH at its core is about taste, and we believe the idea of scaling taste is large and far reaching.

The RH brand attracts the best designers, artisans, manufacturers and talent in our industry, scaling and rendering their work more valuable across our integrated platform, enabling us to curate the most compelling collection of luxury home furnishings in the world. We are moving the brand beyond curating and selling products to conceptualizing and selling spaces by building an ecosystem of products, places, services and spaces that elevates and establishes the RH brand as a global thought leader, taste and place Maker.

At RH we believe deeply that the "right" people are our greatest asset. We value people with high energy, who possess the ability to energize others. People who are smart, creative and have a point of view. People who see the answer in every problem, versus those who see the problem in every answer. People who are driven, determined and won't take "no" for an answer. We value team players, people who are more concerned with what's right, rather than who's right.

RH is seeking a VP of Merchandise Planning to play a crucial role in overseeing multiple categories and strategically planning the development of our products while focusing on effective inventory planning. In this role, you will not only meet strategic, financial, and brand equity objectives but also be involved in meticulous planning to optimize inventory levels. You will provide thoughtful planning to ensure that our product strategy aligns seamlessly with financial goals, while also maintaining a strategic approach to inventory management for sustained success.

Your Responsibilities

• Live our Vision, Values, and Beliefs
• Lead weekly and monthly financial review meetings, identifying corrective actions necessary to maximize sales and margin, and spearhead the financial forecast of the business in collaboration with Planning Leaders.
• Own in-season forecasting of business and replenishment buys to ensure the best in-stock levels
• Work directly with vendor partners to secure unit capacity and address in-stock challenges and / or procurement constraints
• Formulate comprehensive strategies for both long-term and short-term objectives
• Drive and execute product assortment strategies to deliver sales and margin forecasts
• Responsible for achieving all components of the financial plan including Demand, Net Sales, Margin, and Inventory Turn
• Analyze weekly / monthly business as part of the division to understand trends, issues, and opportunities to drive necessary actions
• Develop exit strategies for non-productive inventory to maximize GMROI
• Create and present divisional forecasts and action plans for monthly OTB meetings and Executive Business Reviews
• Conduct regular reviews and analyses of key performance indicators to identify opportunities and mitigate risks

Your Requirements